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Investing Specialists

Time-Sensitive Materials: Act Now for Tax-Free IRA Withdrawals

The latest tax package extended tax-free treatment of charitable donation of IRA assets, but you have until the end of the month.

Retirees can donate their IRA distributions directly to charity and not owe income taxes on that amount, thanks to the American Taxpayer Relief Act of 2012, otherwise known as the tax deal to avert the fiscal cliff.